Peru's Luz del Sur cleared to study 192-MW HPP

Jan 19, 2015 (SeeNews) - Peru's energy ministry gave a temporary concession on Saturday to local utility Luz del Sur SAA (LIN:LUSURC1) to study the feasibility of a 192-MW hydroelectric power plant (HPP) in Junin region.

The company will carry out the studies in Chanchamayo district in the next 24 months.

In November 2014, the central government, local authorities and Luz del Sur took part in a presentation of the project, named Garibaldi, to local communities.

In 2013, the company was allowed to study the feasibility of its Santa Teresa II hydroelectric project, with an estimated capacity of 268 MW, while last year it completed construction of the 100-MW Santa Teresa HPP in Cusco region.

Luz del Sur, controlled by Sempra Energy (NYSE:SRE), is a power distributor operating in the southern metropolitan area of Lima city.

Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.